Deutsche Bahn casts assorted comp net for hybrid

By Mike Turner

10 Oct 2019

Deutsche Bahn, the German railways company, wrapped up a roadshow for a dual tranche hybrid on Thursday, with investors looking at a trio of other issuers from a variety of industries for comparable notes.

The Aa1/AA- rated issuer is marketing a A2/BBB rated 5.5 and 10 year hybrid to investors. The company was in London and Amsterdam and Wednesday and London and Frankfurt on Thursday.